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inconclusive elections, italy remains without a government. hopes that the main parties would form a grand coalition have been dashed by political squabbling. they talk about coalitions, they are finished. the story is finished. another story will start. why do you continue with this talk of coalition? >> attention now has turned to the election for successor george nepal ton know, whose term ends on may 15th. whoever takes over will have the key task of trying again to form a coalition or call fresh elections. so the president is chosen by an electoral college comprised of all national lawmakers and some regional representatives. to win any of the first three rounds, a candidate has to win two-thirds of the potential vote. from the fourth round on, an absolute majority is enough for victory. here are some of the suggested candidates. the five-star movement are backing left wing spishan stephaneo berdosa. many would back romano prodi. but prodi does not win berlusco berlusconi's report. the one candidate who appears to have united both berlusconi and bersani is former senate speaker franco
government. this after the 87-year-old was re-elected for an unprecedented second term on saturday after politicians failed to agree on another candidate. he is expected to form a bipartisan cabinet. he's thought not to favor or relish the idea of fresh elections. still, his re-election has been met with anger by some including beppe grillo blasting it as a traditional party trying to hang on to power. >> they have chosen, again, a president instead who is able to guarantee the judicial power of this country in order to save berlusconi's [ bleep ] and save the left [ bleep ] with regard to the monte depasco scandal. >> politicians have been urged to finally form a government or risk a long recession in the country. georgeo said italy is not belgium and needs a government. governing in italy, quote, is not easy and almost impossible. on that note, let's introduce david riley. >> morning, kelly. >> we want to talk to you about the uk just being down. we've got all this news out of italy over the weekend. >> clearly, they need to address this impasse. i think the best possible outcome, i gu
chavez's successor is due despite widespread reports of election fraud. coming of the likely outcome last how energy prices are shaped ahead. lori: one senator calling the health-care law a train wreck and it was not a republican, it was a democrat. next up that story and lou dobbs will weigh in on it. melissa: time for stocks, let's go to the stock exchange and nicole petallides, another down day for the market. nicole: a hard day, a hard week, volatility return, on monday we down 265 points. following that the following up 157, yesterday we were down 138 and today back and forth 131 and an uncertain feeling in the vix, the fear index remains to the up side and the same time we say something is down something else is hitting new highs and is really a market where you have to pick and choose what you are living these days. the tech having nasdaq is the worst of the bunch down 3/4% anne hathaway in on the nasdaq heavily. we also have jobless claims which showed more claims and that is not great news for the economy. i wanted to take a look two names on the dow jones industrials. one is the
committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the realm of possibility that these two could do that. dave camp, the republican chairman of the house weighs and means committee has been working on the tax reform. we've seen on immigration, the president is leading from behind. he's the opposite of l.b.j. who insisted that congress pass his law without changing a comma. president obama doesn't have much in the way of recommendations. so it's possible, i think, not likely but possible that we could see serious moves towards tax reform. dagen: keep hope alive. good to see you. thank you so much. be well. >> nice to see you. connell: there's a lot of talk in new york city today about the potential plan to raise the smoking age. the proposal would raise the age from 18 to 21. it wouldn't ban or they wouldn't prosecute people under 21 from s
and implementation of obamacare a train wreck. the 2014 election, will not stand for reelection. the repercussions, can feel it. that opens it up for republicans and it adds to the questioning of obamacare. he said it was a train wreck. liz: he cast a key vote for obamacare and is now dialing back. a big powerful player with regards to taxes. stuart: all right, everybody, check the big board please. it is a rally, several cows.so hitting all-time highs propelling the overall average higher. give me the list, nicole. nicole: take a look, walt disney, home depot, procter & gamble, travelers and johnson & johnson. all-time highs as you know, others hitting all-time highs as well. in certain cases like johnson & johnson and as many so heavily traded they have hit 20, 40 times new highs this year. each time they move higher, they hit a new high. stuart: can you put that list back up again? if i had followed charles payne's advice and bought stocks in the companies putting out the products i use, i would have bought every one of those stocks. i visit disney, go to home depot, i buy soap powder from proc
in france and in spain. today, although italy's parliament still struggling to elect a president in their first vote. our road map begins with all that market volatility. we were up, then down, then up. we'll look at whether another triple digit move on the dow today could play out. >>> apple dipped below $400 a share yesterday. closed above that. this morning verizon reporting strong activations for the iphone for the last quarter. will that help this stock that's been in free fall? >>> pepsi beating expectations this morning. jim has an interview with the ceo. >>> paypal under pressure this morning, facing increased competition from amazon and others. we'll break down numbers and talk exclusive to john donahoe, ebay's ceo coming up. >>> futures on the rise after yesterday's drop of 138 points in the dow which is now posted three consecutive days of triple digit moves, including the big sell-off, 266 on monday an tuesday's rebound. just two weeks ago the s&p came within two points of 1,600. leads us to sort of a broad discussion of where we are in corporate earnings. i see two-t
owners would come after them in future elections. so they caved to the pressure. and they started looking for an excuse, any excuse, to vote no. >> five democrats were among those who opposed the plan. both california senators voted in favor. >>> san francisco is getting ke bometer on mark street. it's gnga lay coting the number peoplen the bike lane at any given time. bike riding is up % over just the last five years. and on market street alone, it's increased 98%. this bike barometer is expected to be installed by the end of the month. >>> justin bieber can't seem to catch a break these days. the pop star is facing new criticism over a prepaid debit card that he has been promoting. it's marketed to teens. it's called the spendsmart card. and it does give parents instant alerts when the card is used, and blocks stores they choose. but there are fees involved. $1.50 to withdraw from an atm. if you lose it you pay $8 for a replacement. and if you don't use the card for a month, you pay $3. >> prepaid cards do not have federal protections yet against fraud and loss. >> that means if you los
. the people with unspeakable green summoned the courage to petition their elected leaders. not just to honor the memory of their children but to protect the lives of all of our children. >> 90 percent of democrats in the senate voted for that idea. but it is not going to happen. >> congresswoman gabrielle gifford, was severely injured in violent--gun violence also stood by the president cited quotas been furious the measure did not pass and accused the opposing senators of cowardice. the final vote tally was 54 to 46 the proposal was part of a compromise struck by democratic and republican senator. it was a backed by the president, but faced fierce opposition from the national rifle association. a ban on assault weapons also failed along with a bid to block the sale of high capacity ammunition clips. >> 523 that you for waking up with kron 4 morning news we will have more in just a minute. at uatniversveity of phoenx we know the value of your education is where it can take you. [now arriving: city hospital] which is why we're proud to help connect our students with leading employers across t
. >> there is a request or directive out there to take the steps so passengers call their elected officials to take them to take action. >> some of the busiest airports including new york and washington already experiencing delays and longer wait times for security. >> he says he was arrested for sticking up for the first and second amendment. 8th grader jair rotted mar come refused when a teacher told him to remove his nra shirt that says protect your rights. he faces charges of disrupting an educational process and officer. his father says it does not violate the dress code. >>> a florida father punched out an alligator that attacked his 6-year-old son. how the duo was getting ready to go canoeing that's when the child wandered away into the jaws of an 8 foot gator near their home. >> jabbed my arm and i couldn't get out. >> i ran into the water about waste deep and i had my son like this here because i didn't want to play tug of war with theal giert. i didn't want to get his arm ripped out. while i am doing that i am punching the alligator on top of his head. >> a good samaritan came in and helped st
this up at this stage in the game. we're supposed to be loving this, heading into the midterm elections, this is a problem. that's why we get reactions when things like bombings happen because i think the democrats are desperate right now. it's falling apart. >> i got to tell youssef mejri -- you were preaching from the same book. this is not 2010. we voted on obama care. >> she's right. >> she's right. >> we voted for it, but as it's implemented, is it great? >> doo i think it's great? the fact my kid -- >> do you think it's great the way it's implemented and americans like what they see? >> they like the fact when they go to a well visit, there's no money. the fact they keep your kids on the insurance longer, yes, and in 2014, when the physical parts of it are implemented -- we'll have that discussion. obviously, honestly, liz, they came back and waived the two factors. like it or not like it, voted on it last november and voted they liked it. we would have had romney president. >> out of time. bell rings, round whatever it is. [laughter] thank you very much. >> thanks so much. >> sim
in venezuela continues following the presidential election. will instability jack up the price of oil? katherine from bulltick capital markets joins melissa and lori in the 1 p.m. hour of "markets now" to discuss. cheryl: all right, mgm spending a million bucks to bring a new york vibe to vegas. that's up in the "west coast minute." dennis: amazon jumping into the tv game. first, a look at today's s&p's winners and losers. ♪ @ ourselves in a large. we take a closer look at the auto sector. the kings in sacramento. california business making an offer to buy the team coming kevin na west coast minute. lights, camera, amazon. jeff raise us a tv producer, that is ahead in the media minute. stocks every 15 minutes, nicole petallides on the floor of the stock exchange continuing to watch apple which continues to sit below $400 a share. nicole: so many people love apple, love the technology, love all their products and yet this is a stock over $700 and right now at $3.94, a couple things to know. we start with what is that over this period of time. this is the yearly, all you see is g
election. my second all the system manages a construction company. thedoes not qualify for department of homeland's security initiative for deferred action of childhood arrival because she is over the age of 30. however, the dream act provisions will provide her a permanent path fwa carounger brother has a washing business. last month, at age of 27, he was able to get a driver's license. however, this is not a permanent solution. last, i am the wife of a venezuelan of cuban descent to as lived in the united states for 26 years. miraculously last year,ft 18 years of waiting, he is able to obtain his permanent legal residents. the system shows how is outdated and in desperate need of modernization. my family is not alone. the co-director of get equal asked me to join on a campaign to seek immigration reform. i knew to put an end to the separation of families, heal the hurt and pain in our community, we needed to peacefully demonstrate our lack of immigration status. 2010 i began the trail of dreams, a walk from miami to washington dc. we wanted to show our love for this country, which w
the last election, wall street ceos go to washington and have a meeting with the president. they come back and they would whisper, he doesn't get us, he doesn't like us, this is miserable, this is awful. has anything changed meaningfully in terms of the relationship and the way you think the president and wall street are approaching each other? >> i'll speak for our side. i can't speak for the president of the united states. but i would say this last meeting we had with the president a few days ago was constructive. the members of the financial service this morning made it very clear that we want to play a role in 3406g the economy forward and having a set of conditions in our capital market that would add to lending. and putting people back to work. >> how about in the way he's approaching it, meaning people would come back and say, andrew, it's lip service is. very happy to walk into the white house, but great, a big nothing. >> i would say there has been a lot more outreach on the part of this administration towards the business community in general and the financial sector. and we've b
been one where there has been a lot of uncertainty. part of that by our election and the changing government in china. and part of it uncertainty by what's going on in europe. as these things settle out. as china gets more secure in its path forward based on government change, as we continue to make progress in this country towards our issues, i think you will see that confidence build. industrial production only 1% in the first quarter. it's predicted to be 2.5% of the year. auto builds down 1% in the u.s. i'm sorry. down 1% in the world in the first quarter. supposed to be up 2% for the year. so i think there's a belief that 2013 is going to strengthen with each quarter as we go through it. >> ellen, thank you very much for joining us today. >> great. it's a pleasure. thank you, becky. >>> when we come back, apple trying to turn things around after a tough winter. up next, we will get a preview from analyst paul meeks. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services...
. not going to run for re-election next time around. that throws open a washington game of musical chairs here as to who will get the gavel. they are so involved in writing tax policy in the country. looking at the list, you see senator rockefeller will be in line. he already said that he's retiring. so ron widen, a democrat from oregon state would be the guy in line here. he is a more liberal senator. he recently participated in the filibuster on drones. a roguish personality here. it's not a guarantee he will be the guy who gets the chairmanship. somebody else more senior from another committee could bump him. >> thanks. the market is surging today. we will show you how you may want to play this rally here. first rick santelli is going to talk housing in the show. rick? >> absolutely. there was never much talk about reforming the gse like freddie and fannie when they were losing money. there's a lot less talk about it now that they are starting to make some money. we have dr. anthony sand ers on and he will talk about that and who may replace ed demarco. you see him every first friday on cnb
Search Results 0 to 14 of about 15

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